EY Y01 L12 Money


  1. There are many people on TV who flaunt their money. Name one. Why are they rich? How do they flaunt their wealth?
  2. Who is the richest person you know? How did they get rich? Are they humble with their wealth?
  3. Everyone has a difficult relationship with money. Tell me one way in which you are prudent or spendthrift (e.g. where do you try to save money)?
  4. Tell me one way in which you are extravagant or wasteful (e.g. what you are prepared to spend more than the average person on)?
  5. Tell us about 3 things you would do if you won $1million (1億円) in the lottery tomorrow?
  6. Would winning the lottery or getting rich through inheritance or investment have a positive or negative impact on your life? Why do you think so?

Question 1

Jay Leno. Jay Leno is a famous comedian, and talk show host. He has since retired from his career. He is from my hometown Boston. He is an avid car collector. He has over 300 cars. Some are very rare and expensive. He has been on television many times to show off his beautiful cars.

Question 2

The richest person that I know is Kevin Systrom(see photo). He is an ex student of mine from Middlesex School in Concord, Massachusetts. Many of my ex students are very rich as they come from families of wealth. Kevin is one of the founding members of Instagram. He sold his share of the company to Facebook, and he is worth billions of dollars. However, he is very humble with his wealth. He donates large amounts of his money to charities, and lives in a small house in L.A..

Question 3

I never save money. I never have, and I never will. When I was younger, I made lots of cash as a bartender, but I always spent it on travel, food, and girlfriends. Now, that I'm married with children, all of my money goes to them.

Question 4

I think that I'm wasteful with how, and where I spend my money. If I planned ahead and bought items from Costco, and the supermarket, it would be cheaper than buying them from the convenience store. If I brought my lunch to work, I would save a lot of money.

Question 5

One million dollars isn't that much money these days, so I wouldn't buy anything too extravagant. I would save some of it for  Miwa and Jun's education. I would invest some of it in the American stock market. I would take a trip. I think travel is the best thing to spend extra money on.

Question 6

It would have a negative impact on me for sure. If I can't save money now, I wouldn't be good with a lot of it being dumped in my lap.

Tough Vocabulary

- English - - Japanese -
avid 熱心な
founding member 設立者
extravagant 贅沢な

Comments

  1. Gordi Whitelaw

    I absolutely agree that travel is the best thing on which to spend extra money. I think that if I won the lottery that the main difference it would make in my life is that I would travel more.